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Board of L&T Finance Holdings approves preferential allotment of shares & warrants

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At meeting held on 18 December 2015

L&T Finance Holdings announced that the Board of Directors of the Company at its meeting held on 18 December 2015, has approved the allotment of 3,18,36,971 (Three Crore Eighteen Lakhs Thirty Six Thousand Nine Hundred and Seventy One) Equity Shares to BC Investments VI Limited (Investor 1), and 6,38,20,990 (Six Crore Thirty Eight Lakhs Twenty Thousand Nine Hundred and Ninety) Share Warrants ("Warrants") to BC Asia Growth Investments (Investor 2), on a preferential basis.

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First Published: Dec 19 2015 | 11:56 AM IST

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